A machine with a five-year life has a first cost of $20,000 and $2,000 salvage...
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Accounting
A machine with a five-year life has a first cost of $20,000 and $2,000 salvage value. Its annual operating cost is $8,000 per year. According to the straight line method, the depreciation charge in year 2 is nearest to: Select one: a. $12,000 b. $11,600 c. $4,000 d. $3,600
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